HelpYourNGO

HelpYourNGO

Shri Sadguru Seva Sangh Trust

Sector
Health
Sub Sector
Eye Hospital
Tax Deduction
50% u/s 80G of The Income Tax Act, 1961
FCRA

UN Sustainable Development Goals:

Good Health and Well Being Quality Education

% Spent on Beneficiaries

88%

HelpYourNGO USP: Our Research Team studies the NGO's financials to arrive at ratios, variances and the % spent on beneficiaries. This % is the proportion of direct program expenses to total expenditure for the latest financial year, indicating the total direct spend on beneficiaries.

NGO Details

Year of Establishment : 1968
Registered Address : Mafatlal House, 5th Floor, H. T. Parekh Marg, Backbay Reclamation, Mumbai 400020, Maharashtra
Website : https://www.sadgurutrust.org
Email : harishbhagdeo@sadgurutrust.org
Telephone : +91 022-66173626
Donor Contact : Mr Harish Bhagdeo (Assistant Accountant) / 9321110073 / harishbhagdeo@sadgurutrust.org
Registered Under : Others
Auditor : M. A. Parikh & Co.
Bankers : Bank Of Baroda
Trustees/Directors/Managing Committee: : Shri Vishad P. Mafatlal, Chairman , Shri Hrishikesh A. Mafatlal, Trustee , Shri Goverdhan K. Upadhyaya, Trustee , Dr. Vishnu S. Jobanputra, Trustee , Dr. B. K. Jain, Trustee , Shri Nanda Ballabh Lohani, Trustee , Shri Raghunath M. B., Trustee

Presence

Programs

SSSST has set-up two state-of-the-art eye hospitals in M.P., Sadguru Netra Chikitsalaya (SNC) and Sadguru Sankalp Netra Chikitsalaya (SSNC). These are equipped with world class infrastructure, modern amenities, and equipment to provide high quality and low cost sustainable eye services in remote locations. The two hospitals between them have a total capacity of over 2,200 beds. Its team of 70 well trained and qualified ophthalmologists performed over 1,70,000 ophthalmic surgeries in FY15.

The Trust has 41 vision centres spread across 27 districts and around 3,500 outreach camps were conducted during FY15. In its capacity as a training partner, the Trust has trained over 1,300 Government ophthalmologists under Ministry of Health’s National Programme for Control of Blindness (NPCB). Besides this, the organization regularly conducts training programs for ophthalmologists, ophthalmic technicians, opticians, clinical assistants, health care managers, etc. in order to create an adequate workforce of trained manpower in the Indian eye care industry.

SSSST runs two general hospitals with the aim of promoting preventive and curative measures for common health problems at an affordable cost. Over 90% of the services provided at the hospital are free of cost. The hospitals, between them, have 170 beds and treat over 2.5 lakh patients every year. In the field of education, the Trust runs a number of elementary, secondary, and vocational institutes which cover school education, nursing, paramedical science, computer education, Sanskrit education, and music. During the year, over 3,500 students benefitted through these education initiatives.

Key Donors

  • 1) Government of India 2) Government of Madhya Pradesh 3) Government of Uttar Pradesh 4) Help Me See(USA) 5) Sight Savers International (UK) 6) USAID (USA) 7) Infosys Foundation 8) Vision 2020,India

Financials

Income & Expenditure Statement
FY 2014 (₹) FY 2015 (₹) FY 2016 (₹)
Income
Government Sources 31,178,424 40,875,886 74,492,696
Foreign Sources 80,497,828 130,685,395 48,990,157
Institutional Sources - - 562,336
General Donations 78,696,948 69,607,370 103,739,266
Sales/Fees 472,454,478 504,836,274 613,988,967
Interest/Dividend 19,003,453 20,623,197 17,411,027
Other Income 4,209,716 6,110,048 7,153,244
Total Income (A) 686,040,847 772,738,170 866,337,693
Expenditure
Direct Program Activities 481,269,305 574,005,407 662,818,310
Program Staff Cost - - -
Travel Expenses 221,630 274,751 422,544
Direct Program Expenses 481,269,305 574,005,407 662,818,310
Fund Raising Expenses - - -
General Staff Cost 28,786,500 6,458,670 14,396,098
Overhead Expenses 3,538,289 1,407,110 325,800
Depreciation 44,988,541 54,185,292 78,785,391
Other Expenses/Transfers 13,782 145,831 -
Total Expenditure (B) 558,818,046 636,477,060 756,748,144
 
Surplus / Deficit (A-B) 127,222,801 136,261,110 109,589,549
Balance Sheet
FY 2014 (₹) FY 2015 (₹) FY 2016 (₹)
Assets
Fixed Assets 695,824,990 883,277,753 1,029,045,080
Current Assets 7,801,221 25,180,456 7,335,210
Cash And Bank 5,779,938 10,907,087 6,274,469
Total Current Assets 709,406,149 919,365,296 1,042,654,759
Investments 280,428,680 219,927,817 233,043,281
Accumulated Deficits - - -
Total Assets 989,834,829 1,139,293,113 1,275,698,040
Liabilities
Trust Corpus 260,515,473 262,942,585 266,326,902
General Funds 654,458,646 790,719,756 900,309,305
Earmarked Funds 35,816,448 40,128,310 50,672,266
Unutilized Grants - - -
Total 950,790,567 1,093,790,651 1,217,308,473
Loans - - -
Loans (From Members) - - -
Current Liabilities 39,044,262 45,502,462 58,389,567
Other Liabilities - - -
Total Liabilities 989,834,829 1,139,293,113 1,275,698,040
Financial Notes
1) Other income includes Insurance claim, Profit on sale of assets, and Capital gain on redemption of units of UTI.
2) The NGO has provided overall amounts spent on various programs, but not a detailed breakdown.
3) Overhead expenses rose substantially YoY in FY14 due to higher rates, taxes and cess.
4) Other Expenses includes Loss on sale of fixed assets.
5) NGO has reported Gross Fixed Assets and Depreciation Fund. We have shown Net Fixed Assets.

Additional Information

FY 2014 (₹) FY 2015 (₹) FY 2016 (₹)
Beneficiary Details
Direct Beneficiaries (nos.) 1,069,441 1,279,241 -
Indirect Beneficiaries (nos.) 824,448 1,025,635 -
Average Cost per Direct Beneficiary (₹) - - -
Staff Details
No. of Staff 1,367 1,461 -
Number of Consultants 8 13 -
Number Of Volunteers 500 500 -
Total 1,875 1,974 -
Highest Paid Full-Time Staff (₹ p.a.) 3,240,000 3,726,000 -
Lowest Paid Full-Time Staff (₹ p.a.) 234,000 251,000 -

Financial Overview:
Income and Expenses

Peer Comparison

NGO Name Sector Sub Sector Location % Spent on Beneficiaries Income (₹) Expense (₹) FY
Kandhamal Zilla Sabuja Vaidya Sangathan Health Mobile Health Orissa 99 13,208,174 13,385,535 2020
Oscar Medical Foundation & Research Foundation Health Medical camps Maharashtra 98 469,553 463,739 2013
Tears Foundation Health Medical services Maharashtra 97 217,498 76,432 2018
Vijay Krida Mandal Health HIV/AIDS Maharashtra 97 4,729,297 5,295,417 2023
Prompt Care International Foundation Health Subsidised treatment Maharashtra 97 1,609,288 1,561,788 2012
Shri Sadguru Seva Sangh Trust Health Eye Hospital Maharashtra 88 866,337,693 756,748,144 2016